Category Archives: Metals

Titanium growth prospects are looking good

According to Titanium: Market Outlook to 2018, published by Roskill, the volatility of the market is due to an increasingly differentiated industry. In Europe and North America, aerospace applications regularly account for more than 60% of demand. Production of titanium sponge and mill products in these regions is also largely orientated towards the aerospace market. The rapid growth in production of sponge and mill products in China serves the growing domestic demand in industrial applications, which accounted for more than 80% of consumption in 2012.

http://www.metal-powder.net/view/33839/titanium-growth-prospects-are-looking-good/

Copper Climbs on European Factory Data, Chinese Equities

Data released on Tuesday showed German manufacturing orders surged ahead of economists’ forecasts in June, and a reading on U.K. industrial production also beat estimates. The data were the latest in a set of recent data on the health of the global economy that have propped up expectations for copper demand.

The German data in particular gave copper “a decent boost,” said Michael Turek, a director of metals with brokerage Newedge.

Data out of the U.S. last week showed the pace of manufacturing-sector growth last month was the greatest since June 2011, while a similar reading on China showed the sector there returned to growth in July. The metal is used in a wide range of products, including automobiles, wiring and plumbing, making prices sensitive to shifts in economic-growth expectations.

http://online.wsj.com/article/BT-CO-20130806-709041.html?mod=googlenews_wsj

Spain’s fabled Rio Tinto copper mine to restart in 2015-EMED

Aug 7 (Reuters) – EMED Mining is making plans to restart Spain’s fabled Rio Tinto copper mine in early 2015, citing a mini-mining boom in the copper-rich Iberian Peninsula that is attracting foreign mining companies.

http://www.reuters.com/article/2013/08/07/australia-diggersdealers-emed-idUSL4N0G815620130807

Eleven more IPOs Expected on the Indonesia Stock Exchange in 2013

It is believed that a total of eleven Indonesian companies are going to conduct an initial public offering (IPO) in the second half of 2013 on the Indonesia Stock Exchange (IDX). Up to July, 24 companies have already been listed on the IDX and raised a combined IDR 12,79 trillion (USD $1.25 billion) of funds. Of the eleven companies that are expected to conduct an IPO in Semester II-2013, three were actually planned to be conducted in Semester I-2013 but were postponed.

http://www.indonesia-investments.com/news/todays-headlines/eleven-more-ipos-expected-on-the-indonesia-stock-exchange-in-2013/item980

China launches new crackdown on illegal rare earth production

BEIJING (REUTERS) – China will next week launch a three-month campaign to crack down on the illegal exploration, production and distribution of rare earth elements, the country’s industry ministry announced on Wednesday.

http://www.straitstimes.com/breaking-news/asia/story/china-launches-new-crackdown-illegal-rare-earth-production-20130807

KGHM, Vale sign agreement

KGHM International Ltd., formerly Quadra FNX Mining Ltd., has announced an
agreement with Vale regarding the development of the Victoria project, as well
as the ore off-take to Vale’s processing facilities in Sudbury.

http://www.northernlife.ca/news/localNews/2013/08/04-vale-kghm.aspx

Nickel producers fend off output cuts as losses mount

SINGAPORE/SYDNEY Aug 2 (Reuters) – Nickel miners are clinging to plans to maintain production, despite a growing supply glut and prices around four-year lows, raising the risk of more writedowns and losses being unveiled in the current financial reporting season.

http://www.reuters.com/article/2013/08/02/nickel-producers-idUSL6N0FM03E20130802

China sets rare earth export quota for second half

SHANGHAI —

China has announced its closely watched export quota for rare earth minerals in the second half of this year, bringing the full-year total to 31,001 tons.

China produces more than 95% of the world’s rare earths, 17 elements critical to manufacturing everything from iPads to low-emission cars.

The Ministry of Commerce said China will allow exports of 15,500 tons of rare earths in the six months to December, according to a statement released late Monday.

http://www.japantoday.com/category/business/view/china-sets-rare-earth-export-quota-for-second-half-3

A brighter future for rare earth prices

Even as new measures to consolidate the rare earth industry in China are on the cards, prices for the 17 elements have jumped 10% over the past two weeks.

 

http://www.miningaustralia.com.au/features/a-brighter-future-for-rare-earth-prices

 

More than 475 metric tons of Russian highly enriched uranium eliminated

Deliveries are 95 percent complete, represents 19,000 nuclear warheads converted to civilian use

WASHINGTON, D.C.–The National Nuclear Security Administration on Monday announced it has monitored the elimination of more than 475 metric tons of Russian highly enriched uranium, or HEU, under a landmark nuclear nonproliferation program, commonly known as Megatons to Megawatts.

http://oakridgetoday.com/2013/06/26/more-than-475-metric-tons-of-russian-highly-enriched-uranium-eliminated/

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